euro adhoc: Austrian Airlines AG
other
Balanced adjusted EBIT expected for
2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
07.12.2005
Adjusted EBIT in 2005 forecast at minus EUR 60 million Company set to reach 10 million passenger milestone
The Austrian Airlines Group expects to produce a balanced adjusted EBIT for the financial year 2006. With production overall forecast to expand by approximately four percent measured in available seat-kilometres (scheduled and charter traffic), the company is continuing to base its calculations on a high kerosene price-level.
The adjusted EBIT for 2005 is expected to be approximately minus EUR 60 million. Due to the intensified fleet harmonisation and resultant sale of aircraft, in particular two Airbus A340-200 and three CRJ-100, however, the figure for exceptionals will be strongly negative.
Due to above-average passenger increases since May of this year, Austrian Airlines expects to break its previous record for the number of passengers carried, with a total of 10 million passengers in 2005. The decisive factor in this historic breakthrough has been the companys successful specialisation within the Focus East strategy (services to Eastern Europe, Middle and Far East) and the offensive marketing and offers policies.
end of announcement euro adhoc 07.12.2005 14:28:57
Further inquiry note:
Konzernkommunikation:
Johannes Davoras
Johann Jurceka
Tel.: 051766-1231
Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 3642
Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing